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Lunch vehicles (Rocket Name)- Vikram-s
Mission name - Prarambh
Mission date- 12 to 16 Nov 2022, from Sriharikota space station (ISRO).
Mission type - Sub-orbital mission with three payloads.
Launched by - Skyroot aerospace (a space startup company founded in 2018)
Today is November 10 and just after two days, a new chapter will be added to India's space program. ie
The first ever in India a private company Skyroot launched a rocket Vikram-s after name Vikram Sara Bhai
Before, we hear the name of the USA's based private space company Space X, which has launched many satellites into space. But in India Within two years too many startups are being established in the field of space programs, in which the first name has come out Hyderabad-based Skyroot Aerospace which is going to make history by launching its first rocket Vikram-s.
Where many countries of the world do not have even their own space program, India will now join the USA, and those countries list where private companies have their own rocket lunch vehicles which are playing an important role in the space program. This is a matter of great pride for India.
Company Type: Private Aerospace industry
Founded: 12 June 2018
Founder: Pawan Kumar Chandana and Naga Bharath Daka
Headquarters: Hyderabad, India
Rocket: Vikram 1, Vikram II, Vikram III
Employees: 51-200 people
Ownership :angel, venture capital
Investors: Mukesh Bansal (myntra founder), Graph Ventures, Neeraj Arora, Anil Chalamalasetty, Mahesh Kolli, Vedanshu Investments, Solar group,
Sherpalo, Neeraj Arora, Amit Singhalwam
Total Fund raised: 67m USD
Market cap valuation :300m USD
Sending satellites into space is very complex and expensive and till now it was being done by the government and big corporations. But for satellite services such as GPS, and remote internet, the space industry needs such a launch vehicle, which is low cost and which can be quickly assembled and launched. With the same objectives, Skyroot Aero Space was established in Hyderabad in 2018 by former ISRO employee Pawan Kumar Chandana and Naga Bharath Daka, and within just 4 years of establishment it's going to
launch its first small satellite launch vehicle Vikram-1 between 12 to 16 November.
